5 Biggest Developers in the Bay Area

FivePoint,arecent spin-off of Lennar Corp., crowned the list with 28 millionsquarefeet in development. In second, Related California moved up a notch from its position on the 2015 List with 17.27 million square feet. Universal Paragon Corp. came in at No. 3, with 15.74 million. WithBayside Development LLC,the design and construction affiliate toUniversal Paragon Corp., infrastructure work has begunon the formerSchlageLockfactoryin San Francisco, which had been shuttered 17 years.

1. FivePoint

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LLC, plans and develops mixed-use, master-planned communities in coastal California, the United States. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers. The company was formerly known as Newhall Holding Company, LLC and changed its name to Five Point Holdings, LLC in May 2016. Five Point Holdings, LLC was founded in 2009 and is based in Aliso Viejo, California.

The major asset in Newhall Land Development is the 23,000 acre Newhall Ranch located in northern Los Angeles County. The Great Park Neighborhoods consist of approximately 2,400 acres of private development surrounding the 1,350 acre Great Park in the city of Irvine, CA.

Fivepoint Design

FivePoint designs and develops mixed–use, master–planned communities in coastal California. Our vibrant and sustainable communities in Orange County, Los Angeles County, and San Francisco County will offer homes, commercial, retail, educational, and recreational elements as well as civic areas, parks, and open spaces.

Our Communities

Our communities will includ e approximately 40,000 residential homes and approximately 21 million square feet of commercial space, plus infrastructure. The communities are: Great Park Neighborhoods® in Irvine, Newhall Ranch® near Valencia, and The San Francisco Shipyard/Candlestick. Our development activities benefit from our strong relationships and extensive experience working with federal, state, and local government agencies and other local constituents to create economically vibrant communities.

Partnership

Our management team has an expansive planning and development skill set, including expertise in managing public–private partnerships and navigating the complicated entitlement process in California. Key members of our management team – along with senior members of the project teams – have worked together for 10 to 25 years, providing stability and a cohesiveness that drives all of the company’s initiatives.

Knowledge & Experience

At all levels, the FivePoint team has the experience and knowledge to deliver communities that promote quality living, with a focus on active lifestyles, diverse populations, employment opportunities, and an optimal mix of housing and commercial development. Our shared passion lies in developing land and creating enduring neighborhoods and communities.

2. Related California

Related California is a fully-integrated real estate firm with a 25-year track record delivering top-quality, mixed-income housing and mixed-use developments across California. The company has completed more than 10,000 residences and has a track record of consistently developing communities that set new industry benchmarks in design, construction, sustainability and property management.

The company is backed by one of the most prominent privately owned real estate firms in the nation, with a portfolio of over $30 billion in developments. As long-term property owners committed to sustainability and stewardship, Related forms strong public-private partnerships with civic leaders, non-profit organizations, public officials, and neighbors throughout California to revitalize communities. We are committed to excellence, working with world-class architects and designers to create distinctive new urban spaces that fit seamlessly into the fabric of existing communities.

Commitment to Excellence

Related California has a 25-year track record delivering top-quality, mixed-income housing and mixed-use developments across California. We are committed to excellence working with world-class architects and designers to create distinctive new urban spaces that fit seamlessly into the fabric of existing communities. Our developments have received numerous awards and honors, including the Urban Land Institute Award of Excellence.

Related Companies, L.P.

​Related California is an affiliate of the New York based Related Companies, L.P., the most prominent privately owned real estate firm in the United States with over $30 billion worth of developments. This level of activity sets us apart from our competitors and creates almost unparalleled financing capacity as well as significant purchasing and negotiating leverage. It also allows us to back our community-based approach to each development with the financial strength of a major national developer.​​

3. Universal Paragon Corporation

Universal Paragon Corporation was formed in 1989 and been managing major development project since its inception. UPC is an experienced property owner, operator and developer with existing assets in Northern and Southern California.

UPC has four major development projects in the pipeline. Development Agreements for these projects are approved by the respective agencies. Schlage Lock Redevelopment in Visitacion Valley, a brownfield site, currently transitioning to a transit oriented development (TOD) including retail, office and housing project on a brownfield; Executive Park, a mixed-use/housing project near Candlestick Point in San Francisco, and the Sierra Point Hotel Project – at the Brisbane Marina. The Brisbane Baylands, a 660-acre brownfield redevelopment project on a former landfill and railyard in Brisbane is currently going through the public approval process.

UPC incorporates innovative design and construction techniques in all of our projects to allow communities to grow while creating open space, improving transportation and mobility, providing local jobs, addressing housing needs and ultimately giving residents a higher quality of life.

4. Maximus Real Estate Partners

Maximus Real Estate Partners is the fastest-growing multifamily investment and development company in the San Francisco Bay Area. Founded in 2012, Maximus is reinventing the concept of “whole living,” creating mindfully innovative, sustainable communities through a deeply sophisticated investment approach. Maximus currently owns nearly 5,000 multifamily apartments with over 7,000 in the development pipeline, including the largest urban multifamily development in California – San Francisco’s Parkmerced – which received the prestigious American Institute of Architecture (AIA) Urban Design award for its innovative, long-term development design in creating the largest carbon net-neutral community. maximusrepartners.com.

5. Lennar

2603 Camino Ramon #525
San Ramon, CA 94583
925-242-0811

lennar.com

Lennar is a national homebuilder that operates in various states with deliveries of 26,563 new homes in fiscal 2016. The company was founded as a local Miami homebuilder in 1954. Lennar completed our initial public offering in 1971 and listed our common stock on the New York Stock Exchange in 1972. During the 1980s and 1990s, we entered and expanded operations in a number of homebuilding markets, including California, Florida and Texas, through both organic growth and acquisitions, such as Pacific Greystone Corporation in 1997. In 1997, Lennar completed the spin-off of their then commercial real estate business, LNR Property Corporation. In 2000, Lennar acquired U.S. Home Corporation, which expanded our operations into New Jersey, Maryland, Virginia, Minnesota and Colorado and strengthened our position in other states. From 2002 through 2005, Lennar acquired several regional homebuilders, which brought us into new markets and strengthened their position in several existing markets. From 2010 through 2013, they expanded thier homebuilding operations into the Atlanta, Oregon, Seattle and Nashville markets.

Through the most recent economic downturn, Lennar strengthened and expanded our competitive position through strategic purchases of land at favorable prices. They are currently focused on maintaining moderate growth in community count and homes sales, reducing selling, general and administrative expenses by using innovative strategies to reduce customer acquisition costs, as well as on thier soft-pivot land strategy, shortening the average time between when they acquire land and when they expect to begin building homes on it.